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House passes bill taxing AIG and other bonuses

March 19th, 2009 . by TexasFred

House passes bill taxing AIG and other bonuses

WASHINGTON (AP) - The Democratic-led House overwhelmingly approved a bill on Thursday to slap punishing taxes on big employee bonuses from AIG and other firms bailed out by taxpayers. The vote was 328-93. “We want our money back and we want our money back now for the taxpayers,” said House Speaker Nancy Pelosi, D-Calif.

The bonuses, totaling $165 million, were paid to employees of troubled insurer American International Group, including to traders in the unit that nearly brought about the company’s collapse.

In all, 243 Democrats and 85 Republicans voted “yes” on the bill. It was opposed by six Democrats and 87 Republicans.

The margin of victory came despite sharp Republican attacks calling the legislation a legally questionable ploy to paper over Obama administration missteps.

Full Text Here:
House passes bill taxing AIG and other bonuses

OK, 1st and foremost, I have NO use for the Dems in the Senate and Congress, and many of the so-called Republicans, RINOs, those that are best classified as Dem Lite, and I am of the opinion that this AIG bonus brouhaha is much ado about nothing. Lets look at the big picture, these bonuses are approximately 1/10 of 1% of the entire bailout program. That equates to taking a dime away from a $100 payment to put in the most simple of terms. These bonuses, while I vehemently disagree with ANY failures being paid ANY kind of bonus, are simply a tempest in a tea cup.

All of the manufactured outrage in the media and on Crapitol Hill is, in MY opinion, nothing more than a smoke screen, designed to hide, or at least conceal to some degree, some other nefarious dealings that the American people are needing to be kept in the dark over. That is what I feel the Dems and all their outrage are doing. Hiding something. Something that is much more important. Something much more critical to this nation. I was talking to Bushwack from American and Proud earlier today and I told him this, the AIG outrage is a cover-up for something much bigger that the Dems are trying to fly in under the radar, maybe this is it:

The House passed a bill yesterday which includes disturbing language indicating young people will be forced to undertake mandatory national service programs as fears about President Barack Obama’s promised “civilian national security force�? intensify.

The Generations Invigorating Volunteerism and Education Act, known as the GIVE Act, was passed yesterday by a 321-105 margin and now goes to the Senate.

Full Text Here:
House Passes Mandatory National Service Bill

This National Service Bill, and it’s assumed oath to Obama himself, and not to the United States constitution, a bill which, by the way, one of my readers misunderstood and mistook to be a part of the Oath Keepers post, and the oaths that police and military members take, which it is NOT, this National Service Bill is actually one of the most reminiscent moves towards the rebuilding of the NAZI Party and Hitler Youth that we are likely to see. I went on record with this on Nov. 2, 2008 when I wrote this post: What do you call Civilian National Security Force?

Under the radar? You’re damned right it’s under the radar! The MSM has all but ignored it. Obama wants his own civilian defense force, one that answers to him and HIM alone, Obama Youth! If this isn’t the move I am thinking it to be, God help us if there is something bigger underway!

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13 Responses to “House passes bill taxing AIG and other bonuses”

  1. comment number 1 by: Basti

    Can you say ‘Hitler Youth’ or ‘Young Communists’. Both Nazi Germany and the old USSR were big into this sort of brainwashing. Then their was China under Mao and the ‘Little Red Handbooks’ and the Commie thug murderers in Cambodia. And something similar is going on in in Venezuela.

    The next war (And its coming) is going to resemble the 30 years war that took place in Europe. Then it was Catholics and Protestants having it out and you needed a new scorecard each day to know who was on side. This coming war is going to pit the Right against the Left on a worldwide scale and its going to be a ‘civil war’ in some cases.

    I’m also thinking that the taking of prisoners will be frowned on by all sides. Save the last round for yourself.

  2. comment number 2 by:

    AIG is now just an old magicians trick it is called MisDirection. (I’ll keep your eyes looking here while I do this here) and I notice that none of the MSM have mentioned how integral Timmy was in constructing the bill that allowed the bonuses in the first place.

    I Like the Obambi Youth moniker This is a sad state of affairs. and they are still trying to disarm us as we speak. I guess Obambi does not know that experience and treachery will always overcome youth and enthusiasm.

  3. comment number 3 by: brwnavy

    You are absolutely correct Fred. There is something much more sinister coming down the DC sewer pipe and it’s headed towards we the people.
    Not certain what it is yet but this whole AIG thing was nothing more than a dog and pony show.

    I get real angry at some of my moderate friends who disagree with me. They don’t get it when I say “stepped in what?” Or “your what hurts?” They seem to think all we have to do is get out the vote in 2010.

    Waiting for 2010 or 2012 to take CONgress back will be way too late.
    Time for citizens arrests in DC now. We can’t wait and hope for the best because if we do we’ll take it in the shorts without so much as a kiss or a reach around…again.

  4. comment number 4 by: Ingrid

    I wrote this 5 years ago, when I said that 9/11 was NOT A PLAN BUT, that in order to put the fear in the citizens, we will just pretend the FBI and the CIA didn’t have much info about this so they weren’t able to stop it. Bush is much more ruthless than one thinks. This country panicked…..great, now he can declare we are going to war. This was Bushes mission.

    Obama has a different mission. Since he is young, greedy and dishonest, they (rich elite) can have him do and implement all their bidding.

    The young will be isolated in order to brain wash (convince them) they will help rebuild this country when they join the youth movement. (same thing Hitler did)

    We are heading for a big, very big collapse. All I can hope for is that you don’t allow your young children to attend public schools.
    Did you hear yesterday…the head of the public library has issued an order to get rid of(burn) all edu. books that were printed prior to 1987. (same thing hitler did). She said it was due to the book binders being made with some type of bad chemicals and found to be unfit. Funny ha! This is step one on brain washing our youth. We will probably see all types of movies coming out that only the young can relate to because it will involve fighting, sex, lust, and oh ye… service.

    We must do something soon.

  5. comment number 5 by: Aunty Brat

    I absolutely agree. No surprise! I am SURE that while attention is on issues like this, there IS way more sinister things coming.

    From where I sit, it is VERY scary to know that Obamabots swear allegiance to HIM, not the Constitution.

  6. comment number 6 by: Gawfer

    A letter I wrote to my rep today:

    Dear Congresswoman Bono-Mack,

    Thank you for opposing yet another ridiculous effort to divert attention away from the incompetence of ‘TOTUS’ and his current administration.

    It is utterly shameful that some would think it appropriate to involve Government in private enterprise, and the bill passed today regarding AIG bonuses is yet another attempt at such an endeavor.

    Government Bailouts are nothing more than emotional responses to tragic outcomes of irresponsible behavior. Please continue to hold to conservative values, and disregard the pressure of the liberal left.

  7. comment number 7 by: Bloviating Zeppelin

    TF: Ingrid makes reference to the CPSIA. I wrote about the CPSIA bill here, and few were interested. The text of the bill is here. Librarians have already been told that it will cost THREE HUNDRED DOLLARS PER BOOK to test each children’s book printed before 1986 — as inks allegedly contained lead up to that point.

    Obama Youth? Socialization? Veritable armies of “civilian” persons potentially answerable to Mr Obama?

    This is not a dream, ladies and gentlemen.


  8. comment number 8 by: Doc Roy

    Fred, something is definitely afoot. Something is brewing in the mandatory and voluntary service sectors in all those bills. The entire Congress is involved but is silent to the press. I had the Obama types in my university classes in the ’60s up to my retirement in ’92. Especially in the ’60s and ’70s, they were ill-tempered, profane, unkempt, dirty, lazy, and above all else, liars. Now this bunch is running the country. We are in deep, deep you-know-what. A maskarovka (Russian for deception) is underway.

    (Fred, pardon me for misspelling brouhaha and expeditionary in my last letter.)

  9. comment number 9 by: TexasFred

    Doc, I don’t take off for spelling, unless it’s some lefty moonbat trying to use words he can’t define in a vain effort to impress someone… :P

  10. comment number 10 by: TopGun

    Involuntary servitude is unconstitutional. This will bring the revolution.

  11. comment number 11 by: BobF

    One Big Ass Mistake America.

  12. comment number 12 by: ablur

    The AIG thing will be going to the Supreme Court. Our severly left leaning brain dead congress will find this tossed.

    The New order civil defense force will create a major movement in America. I am impressed as the American people slowly wake up and realize they have been duped. The people are beginning to rise.

  13. comment number 13 by: Concerned Citizen

    Not to mention that this law is a text book case of being a bill of attainder and ex post facto. Two things specifically prohibited by Article 1 of the Constitution, further proving that Congress has no regard for the law and shows absolute disdain for our founding principles whenever it suits them.

    As I wrote in my article yesterday, this is just a distraction to cast of blame and draw our attention away from other more treasonous acts that are being committed by this government.